Sri Trang Agro-Industry (BKK:STA-F) Debt-to-Equity : 0.74 (As of Dec. 2023)

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What is Sri Trang Agro-Industry Debt-to-Equity?

Sri Trang Agro-Industry's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿10,305 Mil. Sri Trang Agro-Industry's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿27,115 Mil. Sri Trang Agro-Industry's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿50,340 Mil. Sri Trang Agro-Industry's debt to equity for the quarter that ended in Dec. 2023 was 0.74.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Sri Trang Agro-Industry's Debt-to-Equity or its related term are showing as below:

BKK:STA-F' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68 Med: 0.89 Max: 1.6
Current: 0.74

During the past 13 years, the highest Debt-to-Equity Ratio of Sri Trang Agro-Industry was 1.60. The lowest was 0.68. And the median was 0.89.

BKK:STA-F's Debt-to-Equity is ranked worse than
75.23% of 1397 companies
in the Chemicals industry
Industry Median: 0.35 vs BKK:STA-F: 0.74

Sri Trang Agro-Industry Debt-to-Equity Historical Data

The historical data trend for Sri Trang Agro-Industry's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sri Trang Agro-Industry Debt-to-Equity Chart

Sri Trang Agro-Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.20

0.85

0.89

0.79

0.74

Sri Trang Agro-Industry Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.79	0.73	0.72	0.70	0.74

Competitive Comparison of Sri Trang Agro-Industry's Debt-to-Equity

For the Specialty Chemicals subindustry, Sri Trang Agro-Industry's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sri Trang Agro-Industry's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sri Trang Agro-Industry's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sri Trang Agro-Industry's Debt-to-Equity falls into.

Sri Trang Agro-Industry Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sri Trang Agro-Industry's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(10305.07	+	27114.616)	/	50340.201
	=	0.74

Sri Trang Agro-Industry's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(10305.07	+	27114.616)	/	50340.201
	=	0.74

Sri Trang Agro-Industry (BKK:STA-F) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Sri Trang Agro-Industry Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Sri Trang Agro-Industry's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Sri Trang Agro-Industry (BKK:STA-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sri Trang Agro-Industry PLC (BKK:STA-F) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

STA:Thailand NC2:Singapore YTAA:Germany

Address

10 Soi 10, Phetkasem Road, Hat Yai, Songkhla, THA, 90110

Website

https://www.sritranggroup.com

Sri Trang Agro-Industry PLC generates the vast majority of its revenue through the production and distribution of rubber and latex products. These products are used in the tire, automotive, and adhesive industries. The company produces rubber gloves that are used for medical and industrial purposes, while also specializing in high-pressure hydraulic hoses used for industrial and mining operations. Sri Trang Agro-Industry's primary processing facilities operate in Thailand, Indonesia, and Myanmar. The company's products are distributed in several countries including China, Singapore, Thailand, Indonesia, the United States, and Vietnam.

Sri Trang Agro-Industry (BKK:STA-F) Headlines

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